Ranch Condo with Two
34896 Partridge Crossing Richmond, MI 48062
34896 Partridge Crossing, Richmond, MI, 48062
$269,900
Pending
For Sale
$269,900
Pending
CONDOS - Ranch - Richmond, MI
Property Size1,451 SF
Days on Market90
Property Features for 34896 Partridge Crossing
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 2
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bedroom 2, Bathroom 1, Basement, Bathroom 3, Bedroom 1, Laundry Room
- Parking features
- Garage, Driveway
- Patio and Porch features
- Patio
- Pets allowed
- Call
- Interior features
- Cable/Internet Avail., Cathedral/Vaulted Ceiling, Ceramic Floors, Hardwood Floors, Sump Pump
- Exterior features
- Patio, Sidewalks
- Fireplace
- 1
- Appliances
- Dishwasher, Microwave
- Standard status
- Pending
- APN
- 50-07-03-35-205-052
- Size
- 1,451 SF
Taxes and HOA fees
- Tax Year
- 2025
Utilities
- Heating system
- Forced Air, Humidity Control (Heating)
- Cooling system
- Ceiling Fan(s), Central Air
- Water source
- Public
Building Details
- Year built
- 2001
- Floors in Building
- 1
- Architectural style
- Ranch
Listing Agency
Realty Executives Home Towne Shelby
(586) 726-4600
49433 Hayes, Port Huron, MI
Listed by
Marianna Ruffino · License #6501390972
(586) 321-2008
Added: Apr 23 Updated: Jul 9 at 6:07 am Checked: Jul 21 at 1:06 am
MLS# 50205233
Listing URL
Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained ranch condo features two bedrooms and two and a half bathrooms, including a spacious primary suite. Hardwood floors flow through the main living areas, complemented by high ceilings that contribute to an open feel. Fresh interior paint updates the space throughout. The bright living room is enhanced by large windows, and the dining area provides access to the back patio. The kitchen includes granite countertops, ample cabinetry, and counter space.
Additional conveniences include first-floor laundry, a two-car garage, and a large basement that can support storage or be finished to fit future needs. The property is just minutes from Main Street.
Overall, the layout is designed for comfortable daily living with key amenities on the main level and practical expansion space in the basement.
Additional conveniences include first-floor laundry, a two-car garage, and a large basement that can support storage or be finished to fit future needs. The property is just minutes from Main Street.
Overall, the layout is designed for comfortable daily living with key amenities on the main level and practical expansion space in the basement.
Key Highlights
- Well‑maintained Richmond condo with 2 bedrooms and 2.5 bathrooms, including a spacious primary suite
- Hardwood floors in main living areas with cathedral/vaulted ceilings for an open feel
- Kitchen features granite countertops with dishwasher and microwave included
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.5k | $16.20 |
| − Vacancy | −$1.6k | −$1.08 |
| EGI | $21.9k | $15.12 |
| − OpEx | −$6.6k | −$4.54 |
| NOI | $15.4k | $10.59 |
1,451 SF · lease $16.20/SF/yr · vacancy 6.65% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$219.4K
$192.0K – $256.0K
NOI $15,360 @ 7.0% cap · market cap 5.69%
Second Best
Apartment 5plus
$194.7K
$170.3K – $227.1K
NOI $13,627 @ 7.0% cap · market cap 5.05%
Theoretical Best
Specialty Retail
$271.7K
$237.7K – $316.9K
NOI $19,016 @ 7.0% cap · market cap 7.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained condo offers two bedrooms, two full and one half bath, hardwood floors, and a back patio for everyday outdoor access.
Where is this duplex located?
The property is located at 34896 Partridge Crossing Richmond, MI.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: Well‑maintained Richmond condo with 2 bedrooms and 2.5 bathrooms, including a spacious primary suite; Hardwood floors in main living areas with cathedral/vaulted ceilings for an open feel; Kitchen features granite countertops with dishwasher and microwave included